MagSafe wallet not showing animation when attached to iPhone 12 Pro Max

Hi,

I have been using the MagSafe with my iPhone 12 Pro Max for a very long time. It seems that after the update of iOS 14.7 the MagSafe wallet stopped playing animation and sound when attached to my iPhone. I have reset my iPhone several times but with out any luck.

When I remove the original iPhone cover from my 12 pro max and attach the wallet animation works and sound plays but the wallet is very weakly attached (no solid grip).

Any one has a clue? Should I replace my MagSafe wallet?

The funny thing when I attach the wallet to my other iPhone 12 Pro, animation and sound work fine.